Key Private Bank, the investment, trust and wealth management arm of Cleveland-based KeyCorp, has established Key National Trust Company of Delaware to provide trust services for wealthy clients and prospects seeking asset protection, tax savings and flexibility, the company announced Thursday.

The bank appointed industry veterans Anne Marie Levin and Isabel Pryor to launch the new trust company. Levin, a Delaware trust specialist formerly with PNC Bank, “will be responsible for working with attorneys and accountants nationally to assist in managing sophisticated estate and tax-planning considerations for high-net-worth clients,” the bank said in a statement. Pryor, a senior trust and fiduciary specialist formerly with Wells Fargo Bank, “will focus on the administration of the Delaware Trusts,” it said. 

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